Carmel Manor Inc
Nonprofit profile at a glance
- EIN
- 610523290
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Fort Thomas, KY, USA
- Phone
- 8597815111
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Nursing, Convalescent Facilities
- Affiliation
- Christianity
Reported finances
- Revenue
- $12,757,437
- Expenses
- $15,667,383
- Assets
- $23,306,163
- Liabilities
- $30,657,654
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- PATRICIA GATHERS (PRESIDENT / CEO / COO)
- SR JEANNE FRANCIS HALEY (PRESIDENT)
- SR THERESA MARIE PFEFFER (VICE PRESIDENT)
Highest reported compensation
- PATRICIA GATHERS (PRESIDENT / CEO / COO): $767,669 total reported compensation
- ANTHONY UGHETTI (ADMINISTRATOR): $165,412 total reported compensation
- MS EDESSA LANADA (REGISTERED NURSE): $124,223 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the home is to provide care and services to the community in conformance with the theology; philosophy; teachings and doctrines of the roman catholic church, respecting and building on the mission, philosophy, and values of the carmelite sisters for the aged and infirm.
What it reported doing in 2024
Carmel manor operates a nursing home and a personal care home in fort thomas, Kentucky which serves the needs of up to 145 individuals. The home provides professional and personal services in a compassionate and caring manner to members of the fort thomas and surrounding communities and other locations that seek our services. The home served hundreds of our neighbors and their families without regard to their ethnic background, religion, or financial circumstances.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 65
- Accountability: 100
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.5%; rating input score 90
- Fundraising efficiency: $1,593.76 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -22.8%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 1.49; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 1.32; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 2%; rating input score 76; 76th percentile among comparable filings
Growth
- Program expense growth: 8% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 6.6% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.5% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $14.2M in reported program spending
- Leadership: top reported pay $768K · 17 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.4M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 25 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Sustainability: Operating margin scored 4/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.